Day: February 8, 2016

Milk glut sees cut in price and earnings

SOUTH AFRICA – The current oversupply of milk is good news for consumers, who can expect to pay lower prices, but not for shareholders of Clover Industries, SA’s biggest milk producer.

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Milk glut sees cut in price and earnings

SOUTH AFRICA – The current oversupply of milk is good news for consumers, who can expect to pay lower prices, but not for shareholders of Clover Industries, SA’s biggest milk producer.

Read More

Gain on disposed investment boosts Flour Mills’ profit

NIGERIA – But for the N23.7 billion gain realised from the sale of its remaining 15 per cent stake in United Cement Company of Nigeria (UCC) Limited, Flour Mills of Nigeria (FMN) Plc would have ended its nine months results period ended December 31, 2015 with a loss of about N3.9 billion.

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Gain on disposed investment boosts Flour Mills’ profit

NIGERIA – But for the N23.7 billion gain realised from the sale of its remaining 15 per cent stake in United Cement Company of Nigeria (UCC) Limited, Flour Mills of Nigeria (FMN) Plc would have ended its nine months results period ended December 31, 2015 with a loss of about N3.9 billion.

Read More

Gain on disposed investment boosts Flour Mills’ profit

NIGERIA – But for the N23.7 billion gain realised from the sale of its remaining 15 per cent stake in United Cement Company of Nigeria (UCC) Limited, Flour Mills of Nigeria (FMN) Plc would have ended its nine months results period ended December 31, 2015 with a loss of about N3.9 billion.

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